The gateway to Drexel Hill is underway as the decades-old Drexeline Shopping Center at 5100 State Road undergoes a $100 million redevelopment to become the Drexeline Town Center, writes Natalie Kostelni for Philadelphia Business Journal.
MCB Real Estate of Baltimore and its partner, the Hampshire Cos. of Morristown, New Jersey, have started work on the mixed-use development of retail, apartments and self-storage.
The first phase will lift part of the site 12 feet to get it out of a flood zone and make the property level.
Existing buildings will be razed.
The ShopRite and a separate PNC Bank branch will remain until a 72,000-square-foot structure is ready for the new ShopRite in Fall 2023.
“That was one of the requirements and we wanted it to continue at the property as part of any development because there has been a grocery store on this site forever,” said Drew Gorman, managing partner at MCB.
A Wawa will also be built along with another 14,000 square-foot building for retail.
A 130,000 square-foot self-storage facility and five-story apartment complex with 173 units will go up by the end of 2024 where ShopRite now sits.
Read more at Philadelphia Business Journal about the Drexeline development.